ruspetro limited
ruspetro limited Company Information
Company Number
07817695
Website
www.ruspetro.comRegistered Address
07817695: ch default address, cardiff, CF14 8LH
Industry
Extraction of crude petroleum
Telephone
02078877624
Next Accounts Due
November 2024
Group Structure
View All
Directors
Alexander Chistyakov12 Years
Shareholders
limolines transport limited 25.2%
otkritie investments cyprus ltd 18.9%
View Allruspetro limited Estimated Valuation
Pomanda estimates the enterprise value of RUSPETRO LIMITED at £66m based on a Turnover of £59.7m and 1.11x industry multiple (adjusted for size and gross margin).
ruspetro limited Estimated Valuation
Pomanda estimates the enterprise value of RUSPETRO LIMITED at £58.2m based on an EBITDA of £22.4m and a 2.6x industry multiple (adjusted for size and gross margin).
ruspetro limited Estimated Valuation
Pomanda estimates the enterprise value of RUSPETRO LIMITED at £0 based on Net Assets of £-141.6m and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ruspetro Limited Overview
Ruspetro Limited is a dissolved company that was located in cardiff, CF14 8LH with a Companies House number of 07817695. It operated in the extraction of crude petroleum sector, SIC Code 06100. Founded in October 2011, it's largest shareholder was limolines transport limited with a 25.2% stake. The last turnover for Ruspetro Limited was estimated at £59.7m.
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Ruspetro Limited Health Check
Pomanda's financial health check has awarded Ruspetro Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £59.7m, make it larger than the average company (£32.1m)
£59.7m - Ruspetro Limited
£32.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (-7.5%)
21% - Ruspetro Limited
-7.5% - Industry AVG
Production
with a gross margin of 12.9%, this company has a higher cost of product (23.4%)
12.9% - Ruspetro Limited
23.4% - Industry AVG
Profitability
an operating margin of 1% make it less profitable than the average company (16.3%)
1% - Ruspetro Limited
16.3% - Industry AVG
Employees
with 217 employees, this is above the industry average (40)
217 - Ruspetro Limited
40 - Industry AVG
Pay Structure
on an average salary of £29.3k, the company has a lower pay structure (£117.9k)
£29.3k - Ruspetro Limited
£117.9k - Industry AVG
Efficiency
resulting in sales per employee of £274.9k, this is less efficient (£723.3k)
£274.9k - Ruspetro Limited
£723.3k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (34 days)
3 days - Ruspetro Limited
34 days - Industry AVG
Creditor Days
its suppliers are paid after 36 days, this is slower than average (26 days)
36 days - Ruspetro Limited
26 days - Industry AVG
Stock Days
it holds stock equivalent to 9 days, this is less than average (21 days)
9 days - Ruspetro Limited
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (7 weeks)
0 weeks - Ruspetro Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 152.2%, this is a higher level of debt than the average (65.3%)
152.2% - Ruspetro Limited
65.3% - Industry AVG
RUSPETRO LIMITED financials
Ruspetro Limited's latest turnover from December 2018 is £59.7 million and the company has net assets of -£141.6 million. According to their latest financial statements, Ruspetro Limited has 217 employees and maintains cash reserves of £407.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 59,650,095 | 54,126,821 | 33,829,591 | 33,980,019 | 36,233,314 | 52,508,056 | 45,491,436 | 24,989,028 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 51,942,685 | 60,919,094 | 43,977,238 | 41,710,037 | 33,989,610 | 43,335,306 | 44,023,990 | 33,790,500 |
| Gross Profit | 7,707,410 | -6,792,274 | -10,147,647 | -7,730,019 | 2,243,704 | 9,172,749 | 1,467,446 | -8,801,472 |
| Admin Expenses | 7,085,181 | 11,348,163 | 11,891,725 | 12,116,635 | 14,455,186 | 16,146,511 | 12,717,670 | 10,563,443 |
| Operating Profit | 622,229 | -18,140,437 | -22,039,372 | -19,846,654 | -12,211,482 | -6,973,762 | -11,250,224 | -19,364,915 |
| Interest Payable | 23,794,332 | 23,392,179 | 24,017,994 | 19,104,709 | 24,965,476 | 21,697,902 | 17,792,564 | 21,379,889 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -71,968,018 | -34,490,184 | -11,403,414 | -84,204,616 | -173,201,815 | -48,825,541 | -16,770,902 | -57,225,378 |
| Tax | 12,150,887 | 1,781,982 | -3,896,493 | 7,427,974 | 325,508 | 7,234 | 488,751 | 2,324,771 |
| Profit After Tax | -59,817,131 | -32,708,201 | -15,299,908 | -76,776,642 | -172,876,307 | -48,818,307 | -16,282,151 | -54,900,607 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -59,817,131 | -32,708,201 | -15,299,908 | -76,776,642 | -172,876,307 | -48,818,307 | -16,282,151 | -52,339,615 |
| Employee Costs | 6,352,122 | 10,649,145 | 11,007,382 | 11,490,861 | 12,423,226 | 11,198,790 | 9,314,913 | 5,511,166 |
| Number Of Employees | 217 | 219 | 264 | 232 | 205 | 211 | 183 | 129 |
| EBITDA* | 22,427,169 | 8,828,372 | -21,534,143 | -19,197,646 | 2,089,827 | 10,775,958 | 543,653 | -3,567,187 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 114,589,139 | 148,419,094 | 148,390,495 | 107,451,983 | 97,415,006 | 154,009,995 | 135,308,229 | 72,105,977 |
| Intangible Assets | 152,762,825 | 184,979,417 | 166,104,276 | 139,275,867 | 152,273,295 | 260,099,296 | 253,954,168 | 259,140,958 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 267,351,963 | 333,398,511 | 314,494,770 | 246,727,850 | 249,688,301 | 414,109,291 | 389,262,397 | 331,246,934 |
| Stock & work in progress | 1,381,412 | 1,796,231 | 1,418,794 | 1,119,114 | 384,033 | 1,105,411 | 1,531,897 | 1,684,523 |
| Trade Debtors | 498,733 | 881,096 | 2,018,610 | 1,410,316 | 792,398 | 1,728,809 | 1,192,338 | 1,098,490 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,619,696 | 2,489,708 | 6,931,713 | 3,109,510 | 3,538,502 | 2,673,768 | 10,576,475 | 2,651,348 |
| Cash | 407,694 | 1,905,478 | 5,808,981 | 5,817,069 | 7,905,569 | 10,410,994 | 20,538,282 | 835,161 |
| misc current assets | 21,374 | 3,958 | 1,274,992 | 1,974,133 | 3,330,703 | 0 | 36,403 | 23,235 |
| total current assets | 3,928,911 | 7,076,472 | 17,453,091 | 13,430,143 | 15,951,207 | 15,918,985 | 33,875,395 | 6,292,758 |
| total assets | 271,280,874 | 340,474,983 | 331,947,861 | 260,157,993 | 265,639,508 | 430,028,276 | 423,137,792 | 337,539,692 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 1,473,414 | 29,043,500 |
| Trade Creditors | 5,189,994 | 22,526,916 | 12,509,228 | 4,168,990 | 16,733,741 | 28,830,144 | 20,434,445 | 7,518,394 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 11,538,462 | 772,557 |
| other short term finances | 282,591,830 | 264,730,842 | 3,695,016 | 19,270,446 | 5,459,985 | 199,250 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,973,399 | 8,386,636 | 20,840,509 | 14,503,560 | 1,296,770 | 13,283,355 | 6,626,483 | 34,548,856 |
| total current liabilities | 290,755,225 | 295,644,395 | 37,044,755 | 37,942,999 | 23,490,498 | 42,312,751 | 40,072,805 | 71,883,310 |
| loans | 90,966,592 | 0 | 588,725,006 | 437,645,600 | 314,067,204 | 529,882,290 | 379,043,981 | 417,817,219 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 9,169,302 | 0 |
| provisions | 62,332,171 | 88,155,477 | 85,670,561 | 68,667,904 | 70,618,792 | 120,263,035 | 116,485,050 | 118,351,618 |
| total long term liabilities | 122,132,678 | 44,077,739 | 337,197,785 | 253,156,753 | 192,342,999 | 325,072,663 | 275,380,438 | 291,685,168 |
| total liabilities | 412,887,903 | 339,722,134 | 374,242,540 | 291,099,752 | 215,833,497 | 367,385,414 | 315,453,243 | 363,568,478 |
| net assets | -141,607,029 | 752,849 | -42,294,679 | -30,941,759 | 49,806,011 | 62,642,862 | 107,684,549 | -26,028,785 |
| total shareholders funds | -141,607,030 | 752,850 | -42,294,679 | -30,941,760 | 49,806,010 | 62,642,862 | 107,684,550 | -26,028,785 |
| Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 622,229 | -18,140,437 | -22,039,372 | -19,846,654 | -12,211,482 | -6,973,762 | -11,250,224 | -19,364,915 |
| Depreciation | 21,804,940 | 26,968,809 | 505,229 | 649,009 | 13,915,302 | 17,515,618 | 11,512,204 | 15,493,094 |
| Amortisation | 0 | 0 | 0 | 0 | 386,006 | 234,102 | 281,673 | 304,634 |
| Tax | 12,150,887 | 1,781,982 | -3,896,493 | 7,427,974 | 325,508 | 7,234 | 488,751 | 2,324,771 |
| Stock | -414,819 | 377,437 | 299,680 | 735,081 | -721,378 | -426,486 | -152,626 | 1,684,523 |
| Debtors | -1,252,375 | -5,579,518 | 4,430,496 | 188,926 | -71,677 | -7,366,236 | 8,018,975 | 3,749,838 |
| Creditors | -17,336,922 | 10,017,688 | 8,340,238 | -12,564,751 | -12,096,403 | 8,395,699 | 12,916,051 | 7,518,394 |
| Accruals and Deferred Income | -5,413,237 | -12,453,873 | 6,336,949 | 13,206,790 | -11,986,585 | 6,656,872 | -27,922,373 | 34,548,856 |
| Deferred Taxes & Provisions | -25,823,306 | 2,484,916 | 17,002,657 | -1,950,888 | -49,644,243 | 3,777,985 | -1,866,568 | 118,351,618 |
| Cash flow from operations | -12,328,215 | 15,861,166 | 1,519,032 | -14,002,527 | -70,518,842 | 37,406,470 | -23,706,835 | 153,742,091 |
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -1,473,414 | -27,570,086 | 29,043,500 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | -11,538,462 | 10,765,904 | 772,557 |
| Other Short Term Loans | 17,860,988 | 261,035,826 | -15,575,430 | 13,810,461 | 5,260,735 | 199,250 | 0 | 0 |
| Long term loans | 90,966,592 | -588,725,006 | 151,079,406 | 123,578,396 | -215,815,086 | 150,838,309 | -38,773,238 | 417,817,219 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -9,169,302 | 9,169,302 | 0 |
| share issue | ||||||||
| interest | -23,794,332 | -23,392,179 | -24,017,994 | -19,104,709 | -24,965,476 | -21,697,902 | -17,792,564 | -21,379,889 |
| cash flow from financing | 2,490,499 | -275,325,630 | 115,432,971 | 114,313,020 | -75,480,371 | 110,935,098 | 85,794,804 | 452,564,217 |
| cash and cash equivalents | ||||||||
| cash | -1,497,784 | -3,903,503 | -8,088 | -2,088,500 | -2,505,425 | -10,127,288 | 19,703,121 | 835,161 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 1 |
| change in cash | -1,497,784 | -3,903,503 | -8,088 | -2,088,500 | -2,505,425 | -10,127,288 | 19,703,122 | 835,160 |
ruspetro limited Credit Report and Business Information
Ruspetro Limited Competitor Analysis
Perform a competitor analysis for ruspetro limited by selecting its closest rivals, whether from the MINING AND QUARRYING sector, other undefined companies, companies in CF14 area or any other competitors across 12 key performance metrics.
ruspetro limited Ownership
RUSPETRO LIMITED group structure
Ruspetro Limited has no subsidiary companies.
Ultimate parent company
RUSPETRO LIMITED
07817695
ruspetro limited directors
Ruspetro Limited currently has 1 director, Mr Alexander Chistyakov serving since Dec 2011.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alexander Chistyakov | England | 51 years | Dec 2011 | - | Director |
P&L
December 2018turnover
59.7m
+10%
operating profit
622.2k
-103%
gross margin
13%
-202.97%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-141.6m
-189.09%
total assets
271.3m
-0.2%
cash
407.7k
-0.79%
net assets
Total assets minus all liabilities
ruspetro limited company details
company number
07817695
Type
Private limited with Share Capital
industry
06100 - Extraction of crude petroleum
incorporation date
October 2011
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2018
previous names
ruspetro plc (June 2016)
accountant
-
auditor
ERNST & YOUNG LLP
address
07817695: ch default address, cardiff, CF14 8LH
Bank
-
Legal Advisor
-
ruspetro limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to ruspetro limited. Currently there are 1 open charges and 0 have been satisfied in the past.
ruspetro limited Companies House Filings - See Documents
| date | description | view/download |
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